Abc inc is considering an investment of 1022 million with, Finance Basics

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Abc inc is considering an investment of 1022 million with

Question: ABC Inc. is considering an investment of $1,022 million with after-tax cash inflows of $287 million per year for six years and an additional after-tax salvage value of 13 million in Year 6. The required rate of return is 8%. What is the investment's Profitability Index (PI)?

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Finance Basics: Abc inc is considering an investment of 1022 million with

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